HAVELLS INDIA LTD.
NSE : HAVELLSBSE : 517354ISIN
CODE : INE176B01034Industry : Electric EquipmentHouse
: Havells
BSE1639.3565.35 (+4.15 % )
PREV CLOSE (Rs.) 1574.00
OPEN PRICE (Rs.) 1562.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 176450
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1640.05 79.45 (+5.09 % )
PREV CLOSE(Rs.) 1560.60
OPEN PRICE (Rs.) 1568.70
BID PRICE (QTY) 1640.05 (111 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 4166048
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 01-Apr-2024 | Havells India informs about change in management | <div style="text-align: justify;">In terms of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) read with corresponding circulars and notifications issued thereunder, Havells India has informed about the changes due to promotions in the category of Senior Management Personnel in the Company viz. Havells India. The requisite details in terms of Regulation 30 and sub-para 7 of Para A of Part A of Schedule III of the SEBI LODR read with the SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are furnished hereunder: (i) Reason for Change viz. appointment, re-appointment, resignation, removal, death or otherwise: Yogesh Bansal and Ramesh Viswanathan promoted from Senior Vice Presidents to Executive Vice Presidents (ii) Date of appointment/ re-appointment/ cessation (as applicable) & term of appointment/ reappointment: 1st April, 2024 (iii) Brief profile (in case of appointment/ promotion): Yogesh Bansal is heading the Lloyd Business Operations of the Company on pan India basis. Ramesh Viswanathan is heading the Bangalore Centre for Research & Innovation (CRI) of the Company. (iv) Disclosure of relationships between directors (in case of appointment of a director): Not applicable.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 20-Mar-2024 | Havells India plans to expand export markets in residential AC segment | <p style="text-align: justify;">Havells India is planning to expand its export markets in the residential air-conditioner (AC) segment after doubling its production capacity. The company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City in Andhra Pradesh, after which its capacity has gone over 2 million units per annum.</p><p style="text-align: justify;">The company is exporting room AC to market to 30 countries, including neighbouring SAARC and African nations and it has also started to ship units to the US markets and now looking to expand beyond that.</p><p style="text-align: justify;">Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.</p><div style="text-align: justify;"><br></div> |
| 20-Mar-2024 | Havells India gains on planning to expand export markets in residential AC segment | <p style="text-align: justify;">Havells India is currently trading at Rs. 1462.15, up by 5.50 points or 0.38% from its previous closing of Rs. 1456.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1471.05 and has touched a high and low of Rs. 1471.05 and Rs. 1435.05 respectively. So far 10610 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1590.90 on 02-Mar-2024 and a 52 week low of Rs. 1128.10 on 29-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1523.55 and Rs. 1435.05 respectively. The current market cap of the company is Rs. 91631.73 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 59.43%, while Institutions and Non-Institutions held 34.07% and 6.50% respectively.</p><p style="text-align: justify;">Havells India is planning to expand its export markets in the residential air-conditioner (AC) segment after doubling its production capacity. The company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City in Andhra Pradesh, after which its capacity has gone over 2 million units per annum.</p><p style="text-align: justify;">The company is exporting room AC to market to 30 countries, including neighbouring SAARC and African nations and it has also started to ship units to the US markets and now looking to expand beyond that.</p><p style="text-align: justify;">Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc. </p><div style="text-align: justify;"><br></div> |
| 20-Mar-2024 | Havells India informs about press release | <p style="text-align: justify;">Havells India has informed that it enclosed a copy of the press release being issued by the Company, titled ‘Havells, betting big on Innovation and Make in India Vision'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE. </p> |
| 11-Mar-2024 | Havells India informs about investor conference | <p style="text-align: justify;">In terms of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with corresponding circulars and notifications issued thereunder, Havells India has informed that the management of the Company shall be attending the investor conference ‘Goldman Sachs Pulse Check - India Residential RE and Building Materials' scheduled on 14 March 2024 at 2 pm to 3 pm IST. No unpublished price sensitive information is proposed to be shared during the Meeting.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE. </p> |
| 08-Mar-2024 | Havells India informs about disclosure | <p style="text-align: justify;">In terms of Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) read with corresponding circulars and notifications issued thereunder, Havells India has informed that the Company has paid the compensation upon directions of the District Commission in a consumer matter. The requisite details in terms of Regulation 30 and sub-para 20 of Para A of Part A of Schedule III of the SEBI LODR read with the SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed.</p><div>The above information is a part of company's filings submitted to BSE. </div> |
| 06-Mar-2024 | Havells India planning to expand existing product portfolio | <p style="text-align: justify;">Havells India is planning to expand its existing product portfolio with the introduction of Kitchen Appliances such as Cooktops, Hobs, Chimneys and other built-in appliances, into it. The new venture is expected to bring benefits of synergies of business with its existing range of small domestic appliances.</p><p style="text-align: justify;">The company aims to be one of the top 3 market players over a period of next 3 years from the start of operations. The entire range of products will be outsourced and serve the domestic market. The expected date of launch of the above category of products is May 2024.</p><p style="text-align: justify;">Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.</p><div style="text-align: justify;"><br></div> |
| 06-Mar-2024 | Havells India informs about loss of share certificates | <div>Havells India has informed that the RTA (Registrar and Share Transfer Agents) of the Company, namely, Link Intime India, has received information about loss of share certificate(s) in respect of the enclosed folio.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div> |
| 01-Feb-2024 | Havells India soars on launching energy efficient ‘Heat pump water heaters' | <p style="text-align: justify;">Havells India is currently trading at Rs. 1310.95, up by 16.40 points or 1.27% from its previous closing of Rs. 1294.55 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1307.75 and has touched a high and low of Rs. 1312.00 and Rs. 1292.50 respectively. So far 17026 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1471.75 on 11-Jan-2024 and a 52 week low of Rs. 1128.10 on 29-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1322.85 and Rs. 1287.35 respectively. The current market cap of the company is Rs. 81936.81 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 59.43%, while Institutions and Non-Institutions held 34.07% and 6.50% respectively.</p><p style="text-align: justify;">Havells India has introduced its latest innovation with the launch of first time Made in India Heat Pump Water heater. Tailored to meet the demands of residential applications, this cutting-edge technology offers up to 75% energy savings, setting new standards in water heating. Designed with a specific focus on addressing concerns about energy wastage and the adequacy of hot water, the revolutionary Havells Heat Pump offers a solution that allows a seamless bathing experience, while consuming only one fourth energy cost compared to conventional water heaters.</p><p style="text-align: justify;">The Havells Heat Pump is ultimate solution for uninterrupted access to hot water at temperatures of up to 75 degree Celsius and can give a water yield upto 129 litres. This state-of-the-art compressor ensures high efficiency and low noise. With its internal mechanism, the device offers precise control for quick heating and energy savings. The innovative microchannel heat exchanger design enhances energy efficiency. A digital controller allows easy temperature adjustments and timer settings. Moreover, the wire controller comes with an easy operation screen, which makes it easy to install. The water heater also features a Feroglas -coated container designed for hard water areas with a capacity to handle high working pressures (0.8 MPa). Additionally, it includes a multi-function safety valve to prevent pressure build-up and a heavy-duty magnesium anode rod with a steel core for rust and corrosion protection, ensuring tank durability.</p><p style="text-align: justify;">Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.</p><div style="text-align: justify;"><br></div> |
| 01-Feb-2024 | Infosys, Cochin Shipyard and Glenmark Pharmaceuticals to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Infosys </span>has signed a seven-year strategic collaboration with Musgrave, Ireland's leading food retail, wholesale and foodservice company. As part of this collaboration, Infosys will help automate Musgrave's IT operations by leveraging its industry leading AI and Cloud offerings, Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies and Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey. </p><p style="text-align: justify;"><span style="font-weight: bold;">Cochin Shipyard</span> has bagged order from European Client, for the design and construction of one no. hybrid Service Operation Vessel (SOV). The total project cost for the firm order is around Rs 500 crore and the vessel to be delivered in 2026. The vessel is designed and built for the service, maintenance and operational needs of the offshore wind farm industry in the European market where sustainable energy solutions are in high demand.</p><p style="text-align: justify;"><span style="font-weight: bold;">Glenmark Pharmaceuticals</span> (Glenmark) has joined hands with Pfizer to launch abrocitinib, a first of its kind oral advanced systemic treatment for moderate-to-severe atopic dermatitis (AD), in India. Developed by Pfizer, abrocitinib has received marketing authorization from the Central Drugs Standard Control Organization (CDSCO) in India and is approved by the U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), and other regulatory agencies.</p><p style="text-align: justify;"><span style="font-weight: bold;">Sprayking </span>has received Export Purchase order worth Rs 4 million for supply of Plumbing Fittings on Pilot Project Basis. This significant achievement not only underscores Sprayking's commitment to excellence but also reflects the company's strategic focus on establishing a strong footprint in the overseas market. The success of the pilot project is a testament to the dedication and hard work of the entire team at Sprayking.</p><p style="text-align: justify;"><span style="font-weight: bold;">Havells India</span> has introduced its latest innovation with the launch of first time Made in India Heat Pump Water heater. Tailored to meet the demands of residential applications, this cutting-edge technology offers up to 75% energy savings, setting new standards in water heating. Designed with a specific focus on addressing concerns about energy wastage and the adequacy of hot water, the revolutionary Havells Heat Pump offers a solution that allows a seamless bathing experience, while consuming only one fourth energy cost compared to conventional water heaters.</p><p style="text-align: justify;"><span style="font-weight: bold;">Paras Defence and Space Technologies</span> has won the contract for Design, Optimization, Fabrication and Qualification of Optical Periscopes for ICS for Submarine Application dated January 30, 2024, from Instrument Research & Development Establishment (IRDE), Govt. of India, Ministry of Defence, DRDO.</p><p style="text-align: justify;"><span style="font-weight: bold;">Divgi TorqTransfer Systems </span>has received order confirmations for three components from two marquee Tier I North American manufacturers of Gearboxes and Transmissions. These are precision forged and machined components for the passenger and Light commercial vehicles. The annual value of these orders is around Rs 42.5 crore (based on current forex rate). As indicated by the customers, after successful trials, the mass production of these parts will commence during FY 2024-25.</p> |
